After the government announced its plans to slash the UK feed-in tariff by 87% from January 1st 2016, the UK secretary for energy and climate change, Amber Rudd, has stood by the decision. Despite the proposals receiving sustained criticism from various supporters of renewable energy, the energy secretary insists this is the best way for […]
Even though the world is moving towards renewable sources of energy, there are some common myths surrounding solar energy panels. Even though solar energy is best for domestic usage and have low carbon footprint, some people fear about the cost of installation and other expenses. Due to these wrong beliefs, many UK households give second […]
Crowd funding platform, Abundance, aims to work with over 20 communities in the UK in 2015. Their aim is to facilitate shared ownership of renewable energy projects to allow renewable energy developers access to the much needed funds. As part of the UK governments community energy strategy, which aims to see local communities obtaining ownership […]
Analysis conducted by the EU has shown that the least expensive energy source is Wind Power. The results of the study suggested Onshore wind costs £83 (€105) per MW/h whereas coal and gas costs between €164- €233 per MW/h. Thus, showing that Europe’s reliance on fossil fuels is a massive burden on taxpayers and therefore […]
UK churches ditches fossil fuels for renewable energy Churches across Britain are taking responsibility to make a greener planet. According to figures around 3,500 churches have registered to switch to renewable energy in order to reduce their carbon print. They have given away energy generated from fossil fuels and are joining more hands in their […]
There has been talk of serious, meaningful investment by those looking for both profit and renewability in the future, and we are now starting to see the evidence for this in the market. Elliot Capital Advisors, the UK arm of American investing power Elliot Management Corporation, has put £100 million into 5 or 6 unnamed […]
